Day: January 26, 2025

The National Food Safety Authority (NFSA) has reported a significant increase in food exports, with 6,200 shipments totaling approximately 230,000 tonnes in the past week. This represents an increase of 33,000 tonnes compared to the previous week, with 1,685 exporting companies participating. The shipments included a wide range of products,…

Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that the ETA will offer free activation codes for registration on the eighth phase of the unified payroll tax system, which began on 15 December 2023, in line with Ministerial Decree No. 386 of 2023. This phase expands the…

Sayed Ismail, Deputy Minister of Housing, Utilities, and Urban Communities, recently held a video conference with officials from the Embassy of Cyprus in Egypt and representatives from Cyprus’s water sector to explore potential areas of cooperation. During the meeting, Ismail provided an overview of Egypt’s ongoing seawater desalination efforts, noting…

Egypt’s Prime Minister Mostafa Madbouly witnessed the signing of a significant agreement at the Cabinet’s headquarters in the New Administrative Capital on Sunday, aimed at restarting the Anode Blocks Factory in Ain Sokhna. The agreement, signed between British Petroleum (BP) Energia España and the Egyptian Anode Blocks Company, is part…

The Ministry of Environment launched on Sunday a comprehensive guide designed to support the implementation of afforestation plans as part of the presidential initiative to plant 100 million trees. The announcement took place during the celebration of National Environment Day 2025, which was held under the theme “A Green Sustainable…

Egypt’s President Abdel Fattah Al-Sisi held a meeting to follow up on the status of Egypt’s strategic stock of goods and food items, focusing on efforts to increase reserves, provide products at reduced prices, and ensure market organization in preparation for the upcoming Ramadan. The meeting, held on Sunday, included…

ERG Developments has officially launched its Linwood project in New Cairo, a 27-feddan residential development designed by renowned architect Raef Fahmy, according to the company’s founder, Mohamed Rizk. Located along the Youssef El-Sebaei Axis, just north of Al-Rehab City, Linwood offers a limited selection of villas and townhouses featuring modern…

EDEN Development, a leading Egyptian real estate company, has unveiled plans to simultaneously execute three major projects in Egypt and Georgia, with a target of EGP 6bn in sales. The company aims to invest EGP 1bn this year, as part of its ambitious expansion strategy. The first project, Sequoia, is…

LOKAL, the innovative showroom for local fashion apparel, made waves on Shark Tank, impressing Egypt’s top investors with its mission to “Create Chances” for young brands. Established in September 2024 by childhood friends Mina Bassily (CEO), Mohamed Ashraf (COO), Fady Hisham (CTO), and Michael Hazem (CMO), LOKAL has already built…